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Welcome, NC
Full City Profile · North Carolina · Davidson County County
3.1
/5.0
B
Good
3,649
Population
392/sq mi density
$65,342
Median Income
$29,719 per capita
$171,100
Home Value
$265,816 Zillow
$863
Median Rent
33.9% income on rent
59°F
Avg Temperature
310 sunny days/yr
442
Violent Crime/100K
3,393 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$65,342 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$171,100 home value, $863/mo rent
F
Safety
1.0 / 5.0
442 violent crimes/100K (16% above avg)
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Income Overview
Median Household Income
$65,342
13% below
US avg: $75,149
Per Capita Income
$29,719
24% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
9.4%
24% below
US avg: 12.4%
Income Comparison: Welcome vs. U.S. Average
Each bar shows Welcome’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$65,342
87%
Per Capita
US: $39,052
$29,719
76%
IRS Avg AGI
US: $72,000
$66,023
92%
Avg Weekly Wage
US: $1,432
$1,050
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,050
27% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
5.1%
66% below US avg (15.2%)
Drive Alone
88.9%
21% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,125M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
88.9%
Public Transit
0%
Work From Home
5.1%
Other
6%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,388
Restaurants
254
Healthcare
219
Retail
475
Manufacturing
222
Tax & Financial
IRS Avg Adjusted Gross Income
$66,023
8% below US avg ($72,000)
Avg Property Tax
$3,460
1% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $65,342 |
| Per Capita Income | $29,719 |
| IRS Avg Adjusted Gross Income | $66,023 |
| Avg Weekly Wage | $1,050 |
| County GDP | $7,125M |
Hardship Indicators
| Unemployment Rate | 1.9% |
| Poverty Rate | 9.4% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 94.3 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 88.9% |
| Public Transit | 0.0% |
| Work From Home | 5.1% |
Businesses
| Total Establishments | 3,388 |
| Restaurants | 254 |
| Healthcare | 219 |
| Retail | 475 |
| Manufacturing | 222 |
Tax
| IRS Avg AGI | $66,023 |
| Avg Property Tax | $3,460 |